Salem Memorial District Hospital
dba Salem Memorial Hospital ·
Salem, Dent County, MO
· CCN 261318
Licensed to Salem Memorial Hospital
Composite
54.5
rank score
Distress
82
FY2024
Fit
44
vs thesis
Estimated ticket
$1.5M–$3.0M
25 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- operating margin below -10%
- total margin -8% to -3%
- under 30 days cash on hand
- current liabilities exceed current assets
- occupancy below 30%
- margin deteriorating sharply
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- government-owned — public process likely
Latest financials · FY2024
| Net patient revenue | $24.4M |
| Operating margin | -19.0% |
| Total margin | -4.6% |
| Days cash on hand | 26 |
| Current ratio | 0.93 |
| Occupancy | 26% |
Facility
| Beds | 25 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | government |
| Per-bed (low) | $59.5K |
| Per-bed (high) | $119K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 25 | $21.4M | $1.1M | -36.9% | 3.7% | 64 | 2.02 | 29% | 604 | 47 |
| 2022 | 25 | $23.1M | $-1.7M | -27.1% | -6.0% | 58 | 1.88 | 36% | 584 | 62 |
| 2023 | 25 | $26.2M | $-2.5M | -18.7% | -8.7% | 21 | 1.35 | 36% | 583 | 76 |
| 2024 | 25 | $24.4M | $-1.3M | -19.0% | -4.6% | 26 | 0.93 | 26% | 454 | 82 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Anthony Seay | corporate director | 2010-04 | ||
| Brooke Bollman | corporate officer | 2024-01 | ||
| Brooke Bollman | corporate director | 2024-01 | ||
| Brooke Bollman | w-2 managing employee | 2024-01 | ||
| Judy Thompson | corporate director | 2016-12 | ||
| Kayla Chamberlain | corporate officer | 2024-01 | ||
| Kayla Chamberlain | corporate director | 2024-01 | ||
| Kayla Chamberlain | w-2 managing employee | 2024-01 | ||
| Michael Swyers | corporate officer | 2022-01 | ||
| Raymond Bruno | corporate director | 2013-12 | ||
| Wanda Tatom | corporate officer | 2022-01 | ||
| Willie Strader | corporate officer | 2022-01 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.
Who has been buying in MO
Completed CMS ownership changes in this state. These buyers already cleared the licensure process here — and whoever advised them knows this market.
| Date | Buyer | Seller | Hospital | Beds |
|---|---|---|---|---|
| 2023-10-01 | Mercy Hospital Perry | Perry County Health System | Perry County Memorial Hospital | 25 |